No Back to the Future on Supply-Side Economics

Bruce Bartlett's important new book, The New American Economy, successfully argues that while supplyside economics was the right response to the stagflation of the 1970s, new problems in the 2010s call for new solutions.

Bruce Bartlett was one of the staff authors of the Kemp-Roth tax cut. Now he's urging a new value-added tax in his important new book, The New American Economy. About-face? Not at all! Supplyside economics was a response to the stagflation of the 1970s. New problems in the 2010s call for new solutions. And we honor the supply-siders achievement best by emulating their concern for the crisis of our times.

My review of The New American Economy is the latest entry in David's Bookshelf.